Direct Nationwide Lenders
MOBILE HOME PARKS
J F KEEFER & ASSOCIATES
BANK BUSTER
This Lender can provide Mobile home park loans from $500,000 and up, that is available on both of the Small Recourse and Large, Non-recourse program listed below. So hold onto those mobile home park deals!
Nobody beats these competitive rate's !
AMORTIZATION
* 3, 5, 7, 10, 15-year fixed rate options with 30 year amortization, 30 year terms and NO BALLOONS!
RATES
* After fixed period, rate converts to 6-month adjustable at LIBOR plus 2.50%.
TERM
* 60 Day rate lock at time of application!
If you like our SIte, "Tell a Friend!"
* LOAN TO VALUES---80% LTV Loan To Value (LTV) on purchases and rate and term refinances;
*75% Loan To Value on cash-out refinances.
* DOWN PAYMENT SOURCES * 10% of down payment from gift allowed!
* 10% Seller-Carry-Second on other than the subject property allowed ? second mortgage
payment NOT * *calculated in the Debt Service Coverage Ratio!
* Down payment can come from home equity or other loans. * Seller can pay buyers closing
costs up to 3%!
* BORROWER QUALIFICATIONS
* No debt to income ratio or net worth requirements for the borrower!
* Minimum middle credit score 660 or valid explanation
* PROPERTY QUALIFICATIONS
* NATIONWIDE PROGRAM ? all 50 states, any area
Discover "remodeling skills" by "ask The Builder" !
View "Develop your Business Plan" part 1-8!